Publications

Investors

To read this full article you need to be subscribed to Newsline.

Start Your Free Trial Now View Purchase Options

Security Properties holds final close for first fund

by Sara Kassabian

Seattle-based Security Properties has held a $20 million final close for its debut fund, Security Properties Multifamily Fund. The fund invests in apartment properties.

“The fund offers investors a mix of strategies and markets,” says Ed McGovern, managing director of capital markets at Security Properties. “This mix of strategies allowed us to create a blend of risk profiles, which when combined into a portfolio offered the potential for balanced returns.” He notes that the fund's objective is to create a pool of moderately leveraged real assets diversified across different markets and property vintages “to provide investors with exposure to a diversity of multifamily investment strategies, including opportunistic strategies, value-add and core-plus, in existing properties.”

Security Properties Multifamily Fund, which launched in June 2011, will have deployed

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?